Rupee hits fresh intra-day low of 92.44 against U.S. dollar

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A stronger greenback, heavy FII outflows and sustained selling in the domestic equity markets further weighed on the rupee, according to forex traders.
At the interbank foreign exchange, the local unit opened at 92.33 and kept losing ground to hit a fresh intra-day low of 92.44 against the U.S. dollar, down 19 paise from its previous close.
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The rupee fell 24 paise to settle at its lowest level ever at 92.25 against the U.S. dollar.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.04 per cent higher at 99.77.
Brent crude, the global oil benchmark, was trading higher by 4.99% at $96.57 per barrel in futures trade.
On the domestic equity market front, the Sensex plunged 917.69 points, or 1.21%t, to 75,116.73 points, while the Nifty tumbled 308.40 points, or 1.30%, to 23,330.75.
Foreign institutional investors sold equities worth Rs 7,049.87 crore on a net basis on Thursday (March 12), according to exchange data.
Meanwhile, retail inflation moved up to 3.21 per cent in February compared to 2.74% in the preceding month, driven mainly by higher food prices, government data released on Thursday showed.
Published – March 13, 2026 10:00 am IST
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